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Feb 22, 2013
02/13
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FBC
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faa administrator. the company says in a statement that it released that the meeting was productive and, quote, we are encouraged by the progress being made toward resolving the issue and returning the 787 to flight for our customers and passengers around the world. boeing and the faa offering no other details. the connor reportedly went in with a proposal for some new designs and safety features for the high-tech but faulty lithium-ion batteries. among other things the new engineering would reportedly add insulation to batteries to make sure they don't catch fire. the company has been testing a new design. but david and sandra, the big issue here how quickly the testing can get done, how much testing the faa wants the company to do, both on the ground and in the air, and there is some officials saying that they could get the dreamliners back in the air by april. the company telling "the wall street journal" this morning that they hope that they will be back in the air by mid-march. back to you. david:
faa administrator. the company says in a statement that it released that the meeting was productive and, quote, we are encouraged by the progress being made toward resolving the issue and returning the 787 to flight for our customers and passengers around the world. boeing and the faa offering no other details. the connor reportedly went in with a proposal for some new designs and safety features for the high-tech but faulty lithium-ion batteries. among other things the new engineering would...
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Feb 12, 2013
02/13
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when he read the faa's report. the agency investigates skydiving accidents. >> just opened up. >> reporter: the report found a critical velcro closing flap on the parachute casing was completely worn and the par shoeed's rigging had knots prompting the inspector to note these lines should have been replaced on the parachute's rigging. >> i could have died that day. >> reporter: flores relived the terrifying moments when he finally got his gear back from investigators along with the camera that recorded his fall. >> oh, my god. i can here myself choking. >> reporter: skydive monterey refused our request for an interview. an industry expert found cause for concern. >> that's disturbing. >> that man is dr. craig stapleton. he clocked more than 8,000 jumps as a member of the u.s. par shooting team. later in the newscast his surprising comments on an industry with very little oversight. >>> our weather is spectacular. >> stunning, wonderful. >> how much time did you plan on spending outdoors in february? compare that to
when he read the faa's report. the agency investigates skydiving accidents. >> just opened up. >> reporter: the report found a critical velcro closing flap on the parachute casing was completely worn and the par shoeed's rigging had knots prompting the inspector to note these lines should have been replaced on the parachute's rigging. >> i could have died that day. >> reporter: flores relived the terrifying moments when he finally got his gear back from investigators...
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Feb 5, 2013
02/13
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CNBC
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faa approves it all the time. i suspect they will go to the faa with enough data to say we need to get to the level of testing these batteries in flight to see if there are certain things that happen in flight that don't happen on the ground. that could have the answer. >> makes perfect sense. i would volunteer to do a test flight if i could do a destination at the same time. >> that would be japan because you want to go back and relearn japanese. >>> a big fat red flag, just when you thought it was safe to get back into housing, an analyst with a huge downgrade for home builders. >> zynga, the epic free fall. it's out ahead of arranges today. what are the three things need to do to get back in the game. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fi
faa approves it all the time. i suspect they will go to the faa with enough data to say we need to get to the level of testing these batteries in flight to see if there are certain things that happen in flight that don't happen on the ground. that could have the answer. >> makes perfect sense. i would volunteer to do a test flight if i could do a destination at the same time. >> that would be japan because you want to go back and relearn japanese. >>> a big fat red flag,...
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Feb 11, 2013
02/13
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KICU
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the faa is still investigating the aircraft's battery issues. your tax refund may be delayed, and the heming and hawing by lawmakers in washington over the fiscal cliff is blamed. according to reports, the irs had to wait out the standoff to deterime the exact policy and print the appropriate forms. the delay in getting americans their refund tax money could also take longer to give the economy a boost. the average refund is around $3,000. traders are bracing for news out of europe this week. eurozone finance ministers meet today in brussels, and later this week g-20 finance ministers meet in moscow. just last week the european union wrapped up a budget deal after 24 hours of negiotiating. in an historic move, the region decreased its budget for the first time since the e.u. began. leaders cut the budget to 960 billion euros over a span of 7 years, down from an earlier proposal of 1.03 trillion euros. a company with ties to the housing crisis is setting for an ipo. pennymac financial service, started up 5 years by the former president of country
the faa is still investigating the aircraft's battery issues. your tax refund may be delayed, and the heming and hawing by lawmakers in washington over the fiscal cliff is blamed. according to reports, the irs had to wait out the standoff to deterime the exact policy and print the appropriate forms. the delay in getting americans their refund tax money could also take longer to give the economy a boost. the average refund is around $3,000. traders are bracing for news out of europe this week....
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Feb 7, 2013
02/13
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>> well, no, but the faa, we used to say the faa is embarrassment proof. the fact that the faa is in for some criticism, they probably are not going to take it out on boeing because, remember, boeing has probably self-certified about 95% of this plane, and they have the expertise, and they will have a lot of their own experts will be presenting to the faa what has been done. the faa will take its lumps and will go on as usual. they do consider airlines and boeing to be its customers. so they will be trying to help boeing. in this situation, boeing might even be trying to help the faa. >> yeah. and, mary, you've said before that you would get on a plane built by boeing before you got on a plane built by the faa. >> that's precisely true because, remember, it was the boeing itself and the boeing designated examiners who really certified about 95% of the plane. we wanted the faa to come in on things like this, the battery, and what did they do? they issued approval to use the battery even though they predicted -- you've got to give them credit for being clair
>> well, no, but the faa, we used to say the faa is embarrassment proof. the fact that the faa is in for some criticism, they probably are not going to take it out on boeing because, remember, boeing has probably self-certified about 95% of this plane, and they have the expertise, and they will have a lot of their own experts will be presenting to the faa what has been done. the faa will take its lumps and will go on as usual. they do consider airlines and boeing to be its customers. so...
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Feb 7, 2013
02/13
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CNBC
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they're still waiting to hear from the faa. there's no indication the faa is going to be making that determination sometime soon. that would certainly be an event that could move the shares again. again, scott, take a look at what happened here. spiked tire at the beginning of the ntsb press conference talking about more specifics with the fire. as it became clear, they have not yet found the root cause. what actually caused a short circuit in that battery. we saw the shares pulling back a bit. that's the latest. back to you. >> it's interesting to get the traders' take. what do you do, josh, with boeing here? >> my schtick is any time there's controversy, i'm not involved. >> it raises the question. there will be others who say, you buy things like this when everybody else is fear l of. >> not yet. if that's your game, if you're like knee jerk contrarian, and any time somebody's negative, you automatically buy, that's fine. not my game. i think it's fairly early. >> that's not my game too. i like boeing. we've pulled back befo
they're still waiting to hear from the faa. there's no indication the faa is going to be making that determination sometime soon. that would certainly be an event that could move the shares again. again, scott, take a look at what happened here. spiked tire at the beginning of the ntsb press conference talking about more specifics with the fire. as it became clear, they have not yet found the root cause. what actually caused a short circuit in that battery. we saw the shares pulling back a bit....
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the faa says it is reviewing that proposal. here at the national transportation safety board they're reviewing battery issues. remember this all dates back a month ago when that battery caught fire on a japanese airline flight that was grounded at logan airport. so this is an examination of the entire review process. they're looking at how this battery was certified and allowed to be put into planes. also an examination of every stage of the battery from the construction to its use. >> not yet identified. what the cause of the short-circuit is. we are looking at the design of the bat i are. we're looking at the manufacturing president ses. and we are also looking at the cell charging and that involves the charging that is coming from outside of the battery. how each individual cell is charged. how that is managed and how it is evaluated. >> so the next part of this, the next 30 days the ntsb says they will issue an interim report. it won't be a final report, as far as a decision is concerned to allow planes back up in the air,
the faa says it is reviewing that proposal. here at the national transportation safety board they're reviewing battery issues. remember this all dates back a month ago when that battery caught fire on a japanese airline flight that was grounded at logan airport. so this is an examination of the entire review process. they're looking at how this battery was certified and allowed to be put into planes. also an examination of every stage of the battery from the construction to its use. >>...
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Feb 22, 2013
02/13
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. >>> boeing has a fix for the dreamliner, but will the faa approve. if it doesn't, boeing could lose even more money. find out what it all means for the company as well as the stock. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. >>> here we go. stanley is calling the automatic government spending cuts set to kick in at the end of next week, he argues the focus on the sequester is obscuring the real issue which is the exploding cost of entitlements. >> the hype over sequestration is a joke. sequestration is $85
. >>> boeing has a fix for the dreamliner, but will the faa approve. if it doesn't, boeing could lose even more money. find out what it all means for the company as well as the stock. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading...
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Feb 7, 2013
02/13
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CNBC
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this is not a complete lifting of the grounding that the faa put in place three weeks ago. there are restrictions and conditions that will go along with the test flights. many of those are what you would expect in terms of the personnel that can be on board. they have to make specific checks of the batteries, the cables that hook up to the battery, they have to monitor the battery during the flight. but this is an important development because boeing believes the next step towards resolving the situation with regard to these lithium ion batteries is testing them out in flight. and testing out possible solutions as they work towards those solutions in flight. so, again, the federal aviation administration has lifted the grounding of boeing 787 dreamliner, but again, it is for test flights only. this does not change the grounding when it comes to dreamliners being flown by airlines. guys? back to you. >> phil lebeau, thank you for keeping us posted on the developing story over at boeing. does this change at all your view of boeing stock and whether or not it is -- have we rea
this is not a complete lifting of the grounding that the faa put in place three weeks ago. there are restrictions and conditions that will go along with the test flights. many of those are what you would expect in terms of the personnel that can be on board. they have to make specific checks of the batteries, the cables that hook up to the battery, they have to monitor the battery during the flight. but this is an important development because boeing believes the next step towards resolving the...
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Feb 8, 2013
02/13
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CNBC
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this time the faa lifts grounding for test flights. be boeing is expected to start test flights in the next couple of days. what you are looking at there is the inside of a dreamliner as they prepare for a test flight. we did that for the documentary. as i said earlier, faa put restrictions on test flights, one of the more interesting ones noted yesterday, 787 test flights cannot be flown over populated areas. so as you look at shares of boeing can be keep this in mind. these test flights are likely to go on for some time here. there is no timeframe for when they think they will ultimately be done. but since the groundings started back on the 17th, look at shares of boeing, moving higher over the last through weeks. pulling off a little bit today. an interesting thing, mandy, $77 is where it was at yesterday. and it is getting close to 7802, 52-week high. despite all this, people have been moving into it the last three weeks. >> the plastic fantastic is actually made out of teflon, it seems, phil. >>> rates may still be low but when do
this time the faa lifts grounding for test flights. be boeing is expected to start test flights in the next couple of days. what you are looking at there is the inside of a dreamliner as they prepare for a test flight. we did that for the documentary. as i said earlier, faa put restrictions on test flights, one of the more interesting ones noted yesterday, 787 test flights cannot be flown over populated areas. so as you look at shares of boeing can be keep this in mind. these test flights are...
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Feb 7, 2013
02/13
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are there any conditions that the faa and ntsb put on boeing, phil? >> yes, sue. there were conditions on the ferry flight. we said at the bottom of the screen this is a test flight. this is an test flight. this is a ferry flight. they are repositioning the aircraft from fort worth where it was being painted to the 787 dreamliner facility there in everett, washington. the whole idea is it is now 234 position for the when the day comes they have to make modifications, whenever the modifications may wined up being being, it is now in position to do that. i'm sure the faa is part granting the ferry flight waiver, they made very clear you have to monitor batteries, only two pilots from boeing flying it back and that's it. again, it is not a test flight. it was a ferry flight. >> you know, there were conflicting reports earlier as we watched that plane taxi down the runway. now arrived in everett washington from dallas. there were conflicting reports this morning, phil as it whether they were going to try to recreate certain conditions in this flight. that were present
are there any conditions that the faa and ntsb put on boeing, phil? >> yes, sue. there were conditions on the ferry flight. we said at the bottom of the screen this is a test flight. this is an test flight. this is a ferry flight. they are repositioning the aircraft from fort worth where it was being painted to the 787 dreamliner facility there in everett, washington. the whole idea is it is now 234 position for the when the day comes they have to make modifications, whenever the...
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Feb 8, 2013
02/13
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KRON
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the faa grounded the dreamliner fleet last month because of issues with its lithium ion battery malfunctioning. boeing says it was working round-the- clock to fix the problems of planes can get back in the air. green light capital is suing apple over attempts to eliminate preferred stock at the company. green lights as the proposal would restrict the ability of apple's board to a much shareholder value. green light, a shareholder since 2010, is dissatisfied with the way apple allocate capital. the firm has been talking with apple for the past several months about the creation of a new preferred stock that would be disrupted apple shareholders. the idea was rejected by apple in september. apple started paying a dividend last year. >> starting tomorrow, microsoft will start selling the latest version of the surface. the servers windows 8 perot is said to give users the full experience of the windows 8 laptop in a slow and tablet >-- tanned and tablet. the pro compatibleis compatible to n on earlier versions of windows but is not cheap. the tablet starts at a whopping $899. the previous version o
the faa grounded the dreamliner fleet last month because of issues with its lithium ion battery malfunctioning. boeing says it was working round-the- clock to fix the problems of planes can get back in the air. green light capital is suing apple over attempts to eliminate preferred stock at the company. green lights as the proposal would restrict the ability of apple's board to a much shareholder value. green light, a shareholder since 2010, is dissatisfied with the way apple allocate capital....
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Feb 7, 2013
02/13
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CNBC
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it is likely that that is going to be granted by the faa. meanwhile, "the wall street journal" reporting that boeing is proposing changes to the 787 batteries. those changes have not been finalized. but essentially it would make the batteries in essence safer when they're put back in the 50 planes already out on the ground. the ntsb out yesterday criticizing the faa certification of the 787. there is a press conference later this morning in washington. we'll hear more about the ntsb's thoughts on what's been happening with this 787. but listen to the chairman of the ntsb yesterday. it's clear we're a long ways from this being resolved. >> we're working with boeing and the faa. they have some parallel activities going on. so i will tell you, we are going to have some information tomorrow but i think we are probably weeks away from being able to tell people, here's what exactly happened and what needs -- what needs to change. >> after debbie hersman made that comment around 10:30 yesterday morning, shares of boeing dipped down and then they ca
it is likely that that is going to be granted by the faa. meanwhile, "the wall street journal" reporting that boeing is proposing changes to the 787 batteries. those changes have not been finalized. but essentially it would make the batteries in essence safer when they're put back in the 50 planes already out on the ground. the ntsb out yesterday criticizing the faa certification of the 787. there is a press conference later this morning in washington. we'll hear more about the ntsb's...
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Feb 22, 2013
02/13
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KNTV
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boeing telling faa we think we have a fix. the problem was the ion battery that caught on fire here in the u.s. now they have a ten-point plan to present to the government. we're told they want to encase it, the battery, in a fire resistant box and move it away from other parts of the plane and improve ventilation to try to prevent this from happening again. boeing has a reason for wanting to get those planes back in the air. it's costing them $200 million a month while they are grounded not to mention governments and airlines that have had to scale back and change their flights as well. we probably won't find out today whether or not that plan is approved. we're not expecting any final decisions today but they plan to meet with faa here in washington. jon? >> thank you very much, tracie potts. >>> tomorrow the world champion giants take to the field for the first cactus league game. >> it's a preseason but we still want to see them play. a week from right now, a few giants players will take on the world literally. "today in t
boeing telling faa we think we have a fix. the problem was the ion battery that caught on fire here in the u.s. now they have a ten-point plan to present to the government. we're told they want to encase it, the battery, in a fire resistant box and move it away from other parts of the plane and improve ventilation to try to prevent this from happening again. boeing has a reason for wanting to get those planes back in the air. it's costing them $200 million a month while they are grounded not to...
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Feb 27, 2013
02/13
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FBC
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last week but the faa maintains these reports are, quote, completely inaccurate. it says it will not provide a date for when the dreamliners will be cleared for takeoff but it won't be until they are, quote, convinced it is safe. shares of boeing climbing nicely on today's trade. [talking over each other] lori: getting your hands on the next big thing, for google glass. we will tell you how much. melissa: down 44 points, seriously, not just your wallet feeling the pinch, and why stocks are at risk, coming up. look at how the dollar is the market is up 130 and you can see it is weaker against all currencies. we will be right back. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services co
last week but the faa maintains these reports are, quote, completely inaccurate. it says it will not provide a date for when the dreamliners will be cleared for takeoff but it won't be until they are, quote, convinced it is safe. shares of boeing climbing nicely on today's trade. [talking over each other] lori: getting your hands on the next big thing, for google glass. we will tell you how much. melissa: down 44 points, seriously, not just your wallet feeling the pinch, and why stocks are at...
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Feb 7, 2013
02/13
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CNBC
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but they did raise serious questions about the certification process and whether or not boeing and faa asked all the right questions about the potential safety hazards involving the lithium ion batteries. here is the ntsb chairman. >> we want to understand what was different in the testing that they did then. what happened in service. and what is different about some of the tests that are being conducted now post event to look at the battery and also look at potential failure modes in the battery and abuse of the battery. >> again, ntsb hasn't determined exactly what caused short circuiting within one cell within the lithium ion battery which then sparked the fire on the plane. but look at the shares of boeing p. spiking higher at the beginning of the ntsb press conference. now back over $77 a share, guys. so this is one of the stories where it is going to go on for a while, but it is clear, investors have confidence that boeing will eventually get this worked out and the production schedule will not be impacted. >> i'm glad you mentioned that and we brought up the chart today about bo
but they did raise serious questions about the certification process and whether or not boeing and faa asked all the right questions about the potential safety hazards involving the lithium ion batteries. here is the ntsb chairman. >> we want to understand what was different in the testing that they did then. what happened in service. and what is different about some of the tests that are being conducted now post event to look at the battery and also look at potential failure modes in the...
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Feb 20, 2013
02/13
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FBC
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chief on friday, the faa would not confirm saying, we just don't comment on potential meetings. they have a team of engineers working on this lithium battery problem 24 hours a day. as you can imagine. these have been grounded. that is obviously bad news. the stock moving higher today as they say they think they may have a fix for the faa to look at. the athletic puck is launching a twitter campaign for a popular celebrity. we're joined now with the details. >> reporter: the answer is irrepressible mascot watching a twitter campaign this week reading for actor ben affleck to win the oscar this sunday for our go as best picture. it is a case study of tell a big brand new social media to cash in on a current events. attaching itself to the oscars just as affleck himself was stunned by hollywood with and then on is fun for best picture but did not nominate him for directing your starring in it. in this case the campaign will cost affleck zero. it is not even paying the actor time. just wishing him well. so where did the playful campaign come from? it all started in a recent sketch
chief on friday, the faa would not confirm saying, we just don't comment on potential meetings. they have a team of engineers working on this lithium battery problem 24 hours a day. as you can imagine. these have been grounded. that is obviously bad news. the stock moving higher today as they say they think they may have a fix for the faa to look at. the athletic puck is launching a twitter campaign for a popular celebrity. we're joined now with the details. >> reporter: the answer is...
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there is good news, however the faa has approved critical test problems. >>> if you're waiting for someone to get home, let's check on the roads with kristy breslin. >> well, definitely not clear on the beltway. traveling on the west side inner loop, you're looking at 295. all the way around liberty road. traffic moving at this point around 25 miles per hour. top side inner loops are also slow in that direction over to harford. we're also looking at significant delays it's outer loop from reisterstown road to 70, due to an earlier accident. as far as accidents go, 95. northbound richie highway at route 100. east patapsco at 9th. another on west potaps co at potee treat. let's take a live look. you can see, heavy traffic there on the beltway around security boulevard. and we also have another look there at the beltway west of york road. crawling along in both directions this. is brought to you by the motor trend international auto show. at the baltimore convention center now through sunday. don't miss it. back to you. >> thank you, kristy. today for the first time in quite sometime, it is n
there is good news, however the faa has approved critical test problems. >>> if you're waiting for someone to get home, let's check on the roads with kristy breslin. >> well, definitely not clear on the beltway. traveling on the west side inner loop, you're looking at 295. all the way around liberty road. traffic moving at this point around 25 miles per hour. top side inner loops are also slow in that direction over to harford. we're also looking at significant delays it's outer...
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Feb 8, 2013
02/13
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CNNW
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the faa allowed these flights to test for issues. boeing and the faa underestimated the risk of the kinds of smoke incidents that forced officials to ground this plane. the faa declined to predict when the 787 will return to service. >>> okay. justin timberlake can now add beer salesman to his resume. anheuser-busch said the pop icon will serve as the creative director for its bud light -- >> what? >> remember alicia keys? he's the creative director for the bud light platinum brand. they said his insights will help them further define bud light platinum's identity. >> other than holding it. >> remember, blackberry's announcement last week that alicia keys will assume the same title. we'll see if it works. >>> defense secretary leon panetta answering questions about the attack in benghazi that claimed the life of a u.s. ambassador. watch as things get pretty testy in congress. that's copping up. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help signi
the faa allowed these flights to test for issues. boeing and the faa underestimated the risk of the kinds of smoke incidents that forced officials to ground this plane. the faa declined to predict when the 787 will return to service. >>> okay. justin timberlake can now add beer salesman to his resume. anheuser-busch said the pop icon will serve as the creative director for its bud light -- >> what? >> remember alicia keys? he's the creative director for the bud light...
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Feb 5, 2013
02/13
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KRON
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the approach to the bay bridge toll plaza faa small weight. and at the san mateo bridge this is building a bit but is holding a just 12 minutes. to show you the bridge check the southbound 1 0 1 with no big delays or accidents to report out of the north bay. news out of the east bay. where police in pittsburg are searching for a hit and run suspect who injured a woman and her three young children. the incident happened on crestview drive, last night near leland road. mike pelton is on standby. >> reporter: this was near the crest you just near leland. a vehicle hit them and take a look of the video that was shot last night. two of the children were on their bikes. the third. in a stroller. at this point we do not know what the condition it is howeverall four victims were taken to hospitals. one of the children was airlifted to children's hospital in oakland. back to this point, let me show you if i show you just a dark if is. if you turn to those flights of it is completely pitch black. not a lot of even street lights. at this point we do not
the approach to the bay bridge toll plaza faa small weight. and at the san mateo bridge this is building a bit but is holding a just 12 minutes. to show you the bridge check the southbound 1 0 1 with no big delays or accidents to report out of the north bay. news out of the east bay. where police in pittsburg are searching for a hit and run suspect who injured a woman and her three young children. the incident happened on crestview drive, last night near leland road. mike pelton is on standby....
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Feb 26, 2013
02/13
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CNBC
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. >> okay, we have faa allowing boeing 787 test flights by next week. we're going to be watching. see if they get off the ground. >> trade boeing right here? >> weigh in. >> when you think about it, since this incident happened with 50% -- >> right back up to where it was before the bad news came out, right? >> kind of weird. the world is ending according to some people. this stock should be down for a lot -- >> and it's one that's on people's short list for sequester, too. >> sequester, i forgot. the sequester, is that what you're talking about? >> okay, in the meantime, your first move tomorrow when we return. we have more "fast money" coming your way. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we a
. >> okay, we have faa allowing boeing 787 test flights by next week. we're going to be watching. see if they get off the ground. >> trade boeing right here? >> weigh in. >> when you think about it, since this incident happened with 50% -- >> right back up to where it was before the bad news came out, right? >> kind of weird. the world is ending according to some people. this stock should be down for a lot -- >> and it's one that's on people's short...
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Feb 11, 2013
02/13
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FBC
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border patrol, fbi agents. 4,000 people at the faa. they're even warning about three hours longer waiting times at airports because of the sequestration cuts. they're also saying essentially fbi agents, hundreds of federal prosecutors. meat inspectors. they're worried about plant shutdowns, food poisoning all of that. they're also talking about $1.9 billion taken back out of sandy aid. look at that. 51 billion in sandy aid. nearly two billion in cuts. also welfare and talk about embassy security cutbacks at a time when benghazi, libya, controversy rage on. here is the problem. there is no detail how they arrived at these figures. no detail, whether $1.9 billion removed back from sandy aid is pork. david: you reported on that. the fact within this $51 billion of sandy aid, some of it had nothing to do with sandy at all. it was fixing the roof on the treasury building in d.c.. >> that's right. estimates maybe half of the money in sandy will go to victims. nicole: i don't like there is not that much transparency and clarity in that. the f
border patrol, fbi agents. 4,000 people at the faa. they're even warning about three hours longer waiting times at airports because of the sequestration cuts. they're also saying essentially fbi agents, hundreds of federal prosecutors. meat inspectors. they're worried about plant shutdowns, food poisoning all of that. they're also talking about $1.9 billion taken back out of sandy aid. look at that. 51 billion in sandy aid. nearly two billion in cuts. also welfare and talk about embassy...
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boeing formally filed a request with the faa yesterday. last month a yap niece dreamliner and one in boston both forced to land after battery heating ib issues. both incidents have been found to have the same type of thermal runaway problem. all 50 planes were taken out of commission last month. >>> a care-giver for a maryland group home faces multiple charges after a video shows her attacking a disabled man. a warning this video might be disturbing for some. >> ooh! ooh! >> police arrested 57-year-old donna edward after this video appeared on you-tube. the company that runs the group home, emerge inc., called police after seeing the video. other portions of the video show edwards standing by as other employees attacked the man. emerge inc. has not commented on the video or the arrest. >>> a judge will decide whether a georgetown man is strong enough to represent himself. the man is so weak from not eating since december, he was taken to the hospital last month. he's set to go on trial for the death of his 91-year-old wife. he claims his w
boeing formally filed a request with the faa yesterday. last month a yap niece dreamliner and one in boston both forced to land after battery heating ib issues. both incidents have been found to have the same type of thermal runaway problem. all 50 planes were taken out of commission last month. >>> a care-giver for a maryland group home faces multiple charges after a video shows her attacking a disabled man. a warning this video might be disturbing for some. >> ooh! ooh!...
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Feb 7, 2013
02/13
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KNTV
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the faa grounded all dreamliner last month. "the wall street journal" reports boeing is working on a battery design change to try to minimize fire risks. >>> it is 5:21 right now. coming up, the new rules of the road. the chp cracking down on motorcycle lane splitters. you've seen them. >>> the moon over san jose. a nice live picture there on this thursday morning. we also like to call it friday eve. that's a very cool shot. one of the snapshot moments. it's 5:24. a daly city woman in trouble this morning for allegedly forging the signatures of dozens of san jose city officials. she was hired to collect signatures to get measure d on the november ballot. the district attorney's office says she forged the signatures of 80 city leaders in order to get that measure on the ballot. measure d passed in november raising minimum wage to $10 an hour in san jose. a judge says if she doesn't report to court today, he'll issue a bench warrant for her arrest. >>> motorcycles pass cars driving on the white line between the lanes. california
the faa grounded all dreamliner last month. "the wall street journal" reports boeing is working on a battery design change to try to minimize fire risks. >>> it is 5:21 right now. coming up, the new rules of the road. the chp cracking down on motorcycle lane splitters. you've seen them. >>> the moon over san jose. a nice live picture there on this thursday morning. we also like to call it friday eve. that's a very cool shot. one of the snapshot moments. it's 5:24. a...
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Feb 13, 2013
02/13
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KRON
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i checked with the faa know theno delays on arriving flights. mainly 60s holding on to upper 50s along the waterfront. by 2:00 p.m. we will see sunshine and clear skies and most locations in the low to mid '60's. temperatures are seasonal. by 8:00 p.m. indicates tent in the fifties. >> your afternoon highs expected to day napa 65. 63 for livermore. 62 for pleasanton in hayward. >> your kron 4 7 day around the bay forecast we have changes talk about. a warming trend will pick up valentine's day into friday. clear skies and plenty of sunshine perfect conditions to be outdoors. we will shave off a couple of degrees saturday into sunday. we will keep the sunshine and temperatures above average. more in the way of clouds cover as we start the next work week. looking at the extended model a cold front will drop down from the gulf of alaska. it is not a strong system. bringing light rain to the bay area by tuesday. temperatures will drop and we will see a lot of cloud cover. mark. >> thank-you erica we will be right back at the kron 4 morning news cont
i checked with the faa know theno delays on arriving flights. mainly 60s holding on to upper 50s along the waterfront. by 2:00 p.m. we will see sunshine and clear skies and most locations in the low to mid '60's. temperatures are seasonal. by 8:00 p.m. indicates tent in the fifties. >> your afternoon highs expected to day napa 65. 63 for livermore. 62 for pleasanton in hayward. >> your kron 4 7 day around the bay forecast we have changes talk about. a warming trend will pick up...
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Feb 11, 2013
02/13
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FBC
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of budget cuts they have march 1 in advance of the state of the union address. 4000 workers at the faa, and even saved had three hours to your wait times at airports. enforcement officers including people at the fbi, hundreds of federal prosecutors at the department of justice, tens of thousands of jobs, and you will see food safety inspection. he mentioned hurricane sandy. 1.90 yeah dollars of aid money taken back, also welfare program reductions, embassy security is deductions that time and got a e still raging over the controversy. this memo is very detailed on the human impact on the cuts. the cuts they are talking about or a third of the increase in the growth of the discretionary. layoffs in d.c., it wasn't hit harder by the recession is what you need from the recession. cheryl: victims of sandy need money now. you see it that people still without power, can't get back in their homes, and now this story you are breaking on fox business. how much from this pile of money were supposed to go to the victims that they are not getting. liz: half of the san diego package is really not g
of budget cuts they have march 1 in advance of the state of the union address. 4000 workers at the faa, and even saved had three hours to your wait times at airports. enforcement officers including people at the fbi, hundreds of federal prosecutors at the department of justice, tens of thousands of jobs, and you will see food safety inspection. he mentioned hurricane sandy. 1.90 yeah dollars of aid money taken back, also welfare program reductions, embassy security is deductions that time and...
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Feb 22, 2013
02/13
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CNBC
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and also, boeing will meet with the faa today. executives from the airplanemaker will be laying out a plan to get the dream liner back in the air. the company's specific proposals will prevent the lithium ion batteries from overheating. the wall street journal has a story that includes an interview with the boeing ceo jim mcnerney. he believes he needs to get into the mechanics with the people doing the scientific work so when he finally announced the company has found a solution, he knows it is right. also worth noting, mcnerney says he got general motors and ge who land boeing's top electrical experts of the battery problem saying, you know, we have to have the improvementer, we want to have the best minds involved in this so that when we get a solution or think we have a solution we can say, as definitively as possible, this is the best folks in the country and the world doing this. >> really smart. that is something that harvard business school and other business schools will be studying for years to come. >> he was talking ab
and also, boeing will meet with the faa today. executives from the airplanemaker will be laying out a plan to get the dream liner back in the air. the company's specific proposals will prevent the lithium ion batteries from overheating. the wall street journal has a story that includes an interview with the boeing ceo jim mcnerney. he believes he needs to get into the mechanics with the people doing the scientific work so when he finally announced the company has found a solution, he knows it...
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Feb 8, 2013
02/13
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CNBC
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boeing has got an faa permission to resume test flights of its 787 jets. boeing wants to test the jets' batteries under flight conditions to determine the source of the problems which caused the 787 to be grounded for the past three weeks. mcgraw-hill's credit rating has been cut by fitch. it now rates mcgraw-hill at about about abobbb-plus from th. that follows the suit against the company's standard poor's unit. now to becky in pebble beach. >> hey, steve, thank you very much. we are at the at&t pro am at pebble beach. we've got business leaders, golfers, celebrities. they're mixing it up on and off the course. yesterday we had the opportunity to sit down with award winning actor and director clint eastwood. here's his message for washington. >> it's the same message that i put out with the empty chair. let's get going. let's get to work. mr. obama won, and let's get out there. let's get out there. there's no budget coming in. who's doing these? i mean you got a big staff. a lot of people. isn't anybody helping? isn't anybody jumping in there? people goi
boeing has got an faa permission to resume test flights of its 787 jets. boeing wants to test the jets' batteries under flight conditions to determine the source of the problems which caused the 787 to be grounded for the past three weeks. mcgraw-hill's credit rating has been cut by fitch. it now rates mcgraw-hill at about about abobbb-plus from th. that follows the suit against the company's standard poor's unit. now to becky in pebble beach. >> hey, steve, thank you very much. we are at...
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Feb 27, 2013
02/13
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KTVU
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the wall street journal reports the faa could report new flights as early as next week. that's not an indication when the tests would start. but the paper says it's a signal the faa is prepared to sign off on boeing's package of proposed fixes to battery problems on the 787, the actual cause of the battery fire still has not been discovered. >>> oracle founder larry ellison now owns a small airline. ellison bought island air which offers 224 flights a week between oahu, maui, the big island and lanai. the deal comes less than a year after he bought 98% of the island of lanai. a spokesman for one of his companies says the purchase is a commitment to hawaii. >>> and tesla plans to pay back its federal loan in half the time its allowed. tesla had been given ten years to pay back the loan. now it says it will be paid in full in five years. the ceo says the energy department was criticized after solyndra went bankrupt so he thinks it's only fair to praise it with success stories like tesla. >>> 7:48. new developments relating to the chevron refinery fire last august in richmo
the wall street journal reports the faa could report new flights as early as next week. that's not an indication when the tests would start. but the paper says it's a signal the faa is prepared to sign off on boeing's package of proposed fixes to battery problems on the 787, the actual cause of the battery fire still has not been discovered. >>> oracle founder larry ellison now owns a small airline. ellison bought island air which offers 224 flights a week between oahu, maui, the big...
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Feb 11, 2013
02/13
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KRON
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the faa granted permission for the test flights last thursday. >> in speculation that apple's next big thing will be a smart watched is heating up. >> the new york times reported that apple is experimenting with a device maker of glass that would run on the company's i o s mobile operating system. >> smart watches are hot items at the big international c s trade show in las vegas last month, including the pebble smart watch that connects to your iphone or android smart phone and serves as a hub to quickly glanced at e-mail's or text messages, and weather alerts. >> still ahead, wacky weather rips through one mississippi town, leaving them picking up the piece of homes, schools and businesses this morning. >> we will show you some of the damage from storms that ripped through hattiesburg, when the kron 4 morning news continues. >> we are backed at 4:14. >> a tornado touched down in southern mississippi and within seconds it caused widespread damage. state authorities said least a dozen injuries have been reported. >> martha shade has the story. >> it tore up to zero trees and buildings
the faa granted permission for the test flights last thursday. >> in speculation that apple's next big thing will be a smart watched is heating up. >> the new york times reported that apple is experimenting with a device maker of glass that would run on the company's i o s mobile operating system. >> smart watches are hot items at the big international c s trade show in las vegas last month, including the pebble smart watch that connects to your iphone or android smart phone...
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Feb 27, 2013
02/13
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CNBC
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. >>> the faa says reports that it's approved test flight of boeing 787 dreamliner with a battery fix are untrue. a spokesperson for the agency denies that tests could start as early as next week. boeing proposed a multi-tier fix for the battery system last week. boeing's engineers union is dropping a demand that its next contract includes pensions for new workers, as well. the move could hasten a deal as the two sides resume talks later today. >>> boeing stock in frankfurt up .25%. >>> and argentina's government will head to a u.s. appeals court today hoping to reverse an order making it pay $1.3 billion to a group of dissident bondholders. the lower court ruling stems from the country's 2001 default. the case is being closely watched amidst worries about a new debt crisis in argentina if the country must pay the holdout investors. >>> and sales of cuban cigars are surging despite the ongoing instability in the eurozone. get this -- spain is the number-one buyer of cigars made in havana. the state-owned tobacco company said sales rose to $460 million last year. that's up -- $416 mill
. >>> the faa says reports that it's approved test flight of boeing 787 dreamliner with a battery fix are untrue. a spokesperson for the agency denies that tests could start as early as next week. boeing proposed a multi-tier fix for the battery system last week. boeing's engineers union is dropping a demand that its next contract includes pensions for new workers, as well. the move could hasten a deal as the two sides resume talks later today. >>> boeing stock in frankfurt up...
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Feb 25, 2013
02/13
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FBC
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we're not talking about the president's firing or for lot -- furloughing soldiers or tsa workers or faa air traffic controllers. we're talking about and hiring fewer of them. so, can the president -- let's say -- each of these cuts is about 2 percent per department. gillette said the pentagon needs to five will round up these numbers -- 100 new soldiers. his limited tiring 98? of course not. he hires the full 100 but less somewhere else, like maybe janitors that west pointer in the pentagon, not to become the pentagon and not to pick my friends a west point, but the point is, the president has executive authority to make sure the government works properly. in fact, he is required to make sure it works properly. his of says, he promises faithfully to execute the office of president of the united states. that word faithfully is in the constitution, and it is in his of to make sure that the government works, that he does not use government agencies to harm his political opponents and help his political supporters. after eight. ashley: that good faith to me because their role in it for thei
we're not talking about the president's firing or for lot -- furloughing soldiers or tsa workers or faa air traffic controllers. we're talking about and hiring fewer of them. so, can the president -- let's say -- each of these cuts is about 2 percent per department. gillette said the pentagon needs to five will round up these numbers -- 100 new soldiers. his limited tiring 98? of course not. he hires the full 100 but less somewhere else, like maybe janitors that west pointer in the pentagon,...
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Feb 8, 2013
02/13
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CNBC
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the faa has cleared boeing for test flies of its grounded 787 dreamliner jet on potentially faulty batteries. the test flights will be stringent to more rules and investigators have isolated the source of last month's battery fire to eight cells. still hasn't found the root caught, though. it will review how boeing's battery certification was approved. boeing shares nevertheless moving higher, up about 1% in frankfurt. they've added 1.3% after the past 30 days. >> amr's critters will meet monday to vote on the merger with us airways. each board could meet and vote on monday. it's possible the merger could be announced as soon as tuesday. so maybe not quite as much of a merger monday. there has been a notable increase in activity, although this one is more idocratic. >> and still to come, the s&p 500 on track to post their first weekly loss of the year. we'll be out of the pits in chicago to preview the trading day ahead. >>> the world's fastest main, usain bolt -- not ross westgate, sorry. close, though. could be ready -- >> faster at what? the fastest man? >> fast at thinking on your feet.
the faa has cleared boeing for test flies of its grounded 787 dreamliner jet on potentially faulty batteries. the test flights will be stringent to more rules and investigators have isolated the source of last month's battery fire to eight cells. still hasn't found the root caught, though. it will review how boeing's battery certification was approved. boeing shares nevertheless moving higher, up about 1% in frankfurt. they've added 1.3% after the past 30 days. >> amr's critters will meet...
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Feb 21, 2013
02/13
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FBC
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boeing was planning to get together with the faa to talk about a fix to the problem with the battery on board the 787 dreamliner. so united continental saying we're taking these planes out of our scheduled through june 5th. shibani: the story continues. >> it is quarter past. we know what that is, time to check the markets. nicole petallides on the floor of the new york stock exchange where we go every 15 minutes. nicole, starting to slide a little lower now. >> i was noticing that, ashley. a moment ago we were down about 90 points. so we're accelerating a little selling to the downside on a day where the vix moved to newer highs we haven't seen in sometime. look at two movers. we're looking wal-mart and also verifone. i'm peeking over my shoulder which is where it trades. wal-mart talked about sales. they're concerned about consumer sentiment. they're concerned that consumers are being hit in the wallet with higher gasoline prices coupled with the fact that payroll taxes hit everybody's paycheck. wal-mart is higher. it is up 2%. they raised their dividend 18%. we have to quickly get
boeing was planning to get together with the faa to talk about a fix to the problem with the battery on board the 787 dreamliner. so united continental saying we're taking these planes out of our scheduled through june 5th. shibani: the story continues. >> it is quarter past. we know what that is, time to check the markets. nicole petallides on the floor of the new york stock exchange where we go every 15 minutes. nicole, starting to slide a little lower now. >> i was noticing that,...
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Feb 27, 2013
02/13
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CNBC
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jim, boeing, there will be a presser with the administrator of the faa. the line of questioning might get into dreamliner territory. >> i think the government continues to say, not yet. and boeing keeps saying, it's going to happen. i'm with boeing over the government. i think the government wants to be cautious. i don't blame them. but boeing is, as i've been saying here, a fabulous company. that's why the stock hasn't gotten hit. when they get this thing right, it's going to be a juggernaut. >> one reason for the miss on durables, two planes ordered in the previous month. the headline number was a bit of a miss as a result. >> we're watching what's going on in europe. and the euro is one to watch. it's had a big swing in the last couple of days, down about 2.5% against the yen, in two trading sessions. a big swing in the european currency. and of course, still not dictates, but does have a big influence on what happens here in the u.s. markets. >> there's been that linkage trade that people love to do. the euro gets -- the euro gets weak, but sell every
jim, boeing, there will be a presser with the administrator of the faa. the line of questioning might get into dreamliner territory. >> i think the government continues to say, not yet. and boeing keeps saying, it's going to happen. i'm with boeing over the government. i think the government wants to be cautious. i don't blame them. but boeing is, as i've been saying here, a fabulous company. that's why the stock hasn't gotten hit. when they get this thing right, it's going to be a...
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Feb 20, 2013
02/13
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CNBC
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you look at furloughing employees at the faa who will be at the airports, that's nerve racking. >> same in defense. >> probably cuts no matter where they come. >> they will happen any way. >> you have the fringe on both sides. howard dean thinks it's the right way because you will never get defense if you don't do it this way. >> then we have to come to some sort of agreement to fund the government. >> i think they backed off on it at this point. >> so everything's great? >> not everything is great but i think businesses are like -- so used to this, i'm not even -- >> that is true. the mood definitely is improving. new optimism. >> do whatever you have to do. >>> coming up, we have an executive who says he has a solution for keeping america great, follow the money. the president's favorite banker, robert wolf. >>> opportunity knocking. the dow s&p at nearly 5 1/2 year highs while the nasdaq closes at a 12 year high. we'll talk market optimism and where to make money with former c br cbs ceo robert wolf. >> good things come in small packages. >> why names like car technologies may be wor
you look at furloughing employees at the faa who will be at the airports, that's nerve racking. >> same in defense. >> probably cuts no matter where they come. >> they will happen any way. >> you have the fringe on both sides. howard dean thinks it's the right way because you will never get defense if you don't do it this way. >> then we have to come to some sort of agreement to fund the government. >> i think they backed off on it at this point. >> so...
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Feb 20, 2013
02/13
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KGO
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first responders, faa, tsa. it's your daily life. >> early childhood education. i just think the nation is incredibly wearied of these manufactured crises. there's so much blame on both sides of the aisle. we had the fiscal cliff, now we have this, we have the debt ceiling deadline in may. there's no dramatic substantive action. it's just one little baby step or kick it down the road and here we are again. and they're playing with people's jobs, money, taxes, livelihoods. our government just seems so dysfunctional and broken and gridlocked. >> and then things like this happen and we go until the 11th hour and oh, a solution but it's not really a solution because we've only done half of the work we should have done. in three months we'll talk about it again and we go through this all over again. just talking about we want to blame both sides and we want to say everybody is responsible. but president obama was up there with the first responders, and some people are questioning whether or not that was a manufactured setup and a scenario where he was like, i'm with t
first responders, faa, tsa. it's your daily life. >> early childhood education. i just think the nation is incredibly wearied of these manufactured crises. there's so much blame on both sides of the aisle. we had the fiscal cliff, now we have this, we have the debt ceiling deadline in may. there's no dramatic substantive action. it's just one little baby step or kick it down the road and here we are again. and they're playing with people's jobs, money, taxes, livelihoods. our government...